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Samart Aviation Solutions PCL (BKK:SAV) Receivables Turnover : 2.31 (As of Mar. 2024)


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What is Samart Aviation Solutions PCL Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Samart Aviation Solutions PCL's Revenue for the three months ended in Mar. 2024 was ฿408 Mil. Samart Aviation Solutions PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿177 Mil. Hence, Samart Aviation Solutions PCL's Receivables Turnover for the three months ended in Mar. 2024 was 2.31.


Samart Aviation Solutions PCL Receivables Turnover Historical Data

The historical data trend for Samart Aviation Solutions PCL's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Samart Aviation Solutions PCL Receivables Turnover Chart

Samart Aviation Solutions PCL Annual Data
Trend Dec21 Dec22 Dec23
Receivables Turnover
6.81 10.67 10.17

Samart Aviation Solutions PCL Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 2.12 2.33 2.29 3.01 2.31

Competitive Comparison of Samart Aviation Solutions PCL's Receivables Turnover

For the Airports & Air Services subindustry, Samart Aviation Solutions PCL's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Samart Aviation Solutions PCL's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Samart Aviation Solutions PCL's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Samart Aviation Solutions PCL's Receivables Turnover falls into.



Samart Aviation Solutions PCL Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Samart Aviation Solutions PCL's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=1644.324 / ((161.216 + 162.254) / 2 )
=1644.324 / 161.735
=10.17

Samart Aviation Solutions PCL's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=408.197 / ((162.254 + 191.405) / 2 )
=408.197 / 176.8295
=2.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Samart Aviation Solutions PCL  (BKK:SAV) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Samart Aviation Solutions PCL Receivables Turnover Related Terms

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Samart Aviation Solutions PCL (BKK:SAV) Business Description

Traded in Other Exchanges
Address
Chaengwattana Road, 99/11 Village No. 4, Software Park Building, 25th Floor, Khlong Kluea Subdistrict, Pak Kret District, Nonthaburi, THA, 11120
Samart Aviation Solutions PCL is a holding company. It is engaged in providing air traffic control services in Cambodia. The Group is principally engaged in Utilities and Transportation.

Samart Aviation Solutions PCL (BKK:SAV) Headlines

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